ALAI vs WAGN
Alger AI Enablers & Adopters ETF vs Pabrai Wagons ETF
Which is better, ALAI or WAGN?
WAGN has been ahead.
ALAI has a lower expense ratio. WAGN led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | ALAI | WAGN |
|---|---|---|
| Expense Ratio | 0.58%Best | 0.90% |
| AUM | $1.6B | $302M |
| Dividend Yield | 1.16% | 0.00% |
| Holdings | 72 | 42 |
| YTD Return | +23.19%Best | +7.75% |
| 1Y Return | +22.58% | - |
| Fund Family | Alger | Pabrai Wagons Fund |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Apr 4, 2024 | Feb 9, 2026 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
ALAI vs WAGN growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ALAI vs WAGN Performance
Alger AI Enablers & Adopters ETF (ALAI) is an ETF from Alger and Pabrai Wagons ETF (WAGN) is an ETF from Pabrai Wagons Fund. Year to date, ALAI is up 23.19% versus a gain of 7.75% for WAGN.
Past performance does not guarantee future results.
Fees and Cost Over Time
ALAI charges 0.58% per year while WAGN charges 0.90%. On a $10,000 position that is $58 vs $90 annually, a gap of $32 per year that compounds over a long holding period. On income, ALAI currently yields 1.16% against 0.00% for WAGN.
Holdings Overlap
We hold position weights for 1 holding in ALAI and 21 in WAGN, totalling 2.2% and 100.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in ALAI and 21 in WAGN, against full books of 72 and 42.
You are not choosing between two funds in isolation.
Whichever of ALAI and WAGN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ALAI or WAGN?
ALAI has an expense ratio of 0.58% while WAGN charges 0.90%. ALAI is the cheaper option, by $32 a year on a $10,000 investment.
Which pays a higher dividend, ALAI or WAGN?
ALAI yields 1.16% while WAGN yields 0.00%, so ALAI currently pays the higher dividend yield.
Is WAGN better than ALAI?
ALAI has a lower expense ratio. WAGN led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.